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Retail Space with Outdoor Area
New
For Lease
$3,117/Mo CAM $1,078 /USD/MO

162 Midland Avenue, Basalt, CO 81621

Commercial-zoned space includes an outdoor area for community use.

Space SizeContact for details
Days on Market3

Property Features for 162 Midland Avenue

General Information

Standard status Active
Zoning Commercial
Lease Type NNN

Lease Terms

Lease Rate $3,117 /MO
Total Rate $4,195
Monthly Rent $3,117
CAM $1,078 /MO

Amenities

outdoor community space

Building Details

Year Built 1990
Listing Agency: Aspen Snowmass Sotheby's International Realty - Hyman Mall
Listed By: Sarah Pegler · License #FA100049462
Source: Frontierhomeandranch
Added: Oct 22 Changed: Oct 23 Last Checked: Oct 23 at 4:56PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Aspen Snowmass Sotheby's International Realty - Hyman Mall

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Investment Insights

Based on property information with market context.

This retail space includes an outdoor community area alongside the commercial premises. The property was built in 1990 and is located at 162 Midland Avenue in downtown Basalt. Commercial zoning is in place.

Key Highlights

  • Outdoor community space included with the retail premises
  • Commercial zoning
  • Built in 1990

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Auto Parts Store Big Box & Wholesale Store Garden Center Plumbing Service (Bike/Boat/Book/etc) Store Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

698
Businesses Nearby
17k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 91% Dining 9%
7-Eleven Shops & Services
5,461 visits/mo 0.3 miles
Conoco Shops & Services
3,648 visits/mo 0.3 miles
Exxon Shops & Services
2,735 visits/mo 0.4 miles
Phillips 66 Shops & Services
2,227 visits/mo 0.1 miles
SUBWAY Dining
1,521 visits/mo 0.4 miles

Demographics for 81621, CO

6,034
Population
3,145
Households
1.9
Avg Household Size
41
Median Age
59%
College-Educated
96%
High-School Grad
258.7 sq mi
ZIP Area
23
Density / Sq Mi
$103,721
Median Household Income
$58,008
Median Earnings
$2,220
Median Rent
$1,138,500
Median Home Value

Market

Lease Benchmarks for Basalt, CO

$32.25 /SF/Yr
Avg Asking Price
$24–$35 /SF/Yr
Price Range

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Commercial-zoned space includes an outdoor area for community use.
Where is this retail space located?
The property is located at 162 Midland Avenue Basalt, CO.
What is the lease rate?
The lease rate is $4,195/Mo.
What are key features of this property?
This property features: Outdoor community space included with the retail premises; Commercial zoning; Built in 1990
More about this property
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